News
FlexTrade appoints two in sales
Glen Sargeant and Marek Lewandowski join the vendor as Emea sales managers
PBoC imposes reserve requirements on offshore deposits for first time
The new measure, designed to curb short-selling, shows the determination of China's central bank to stabilise the offshore market in the wake of recent gyrations
XTX Markets retains Chris Knight to lead Apac push
Knight's firm, Market Partners, will start working with XTX in late January
Swiss franc uncapped, one year on
A year after the historic SNB move, the lesson has been learned: always expect the unexpected
BofAML becomes first non-resident clearing bank on Moscow Exchange
The US bank is due to begin clearing activities this month
FX trading volumes end 2015 on down note
While FX volumes were generally down, record trading numbers were achieved on exchanges
Akinal rejoins HSBC
Former HSBC emerging markets FX options trader returns to the bank
Holcombe leaves Nasdaq
David Holcombe, global head of FX product, exits the exchange
ACI ramps up education initiative
"Individual accountability is a central facet of the market going forward," says Marshall Bailey, the association's global president
Market-makers encouraged to review last look
With regulators making headway and fining Barclays $150 million over its use of last look, corporate lawyers expect law enforcement to be just around the corner
Danino-Lewis exits BNP Paribas
Lisa Danino-Lewis joins Broadway Technology as head of Emea financial services sales
FastMatch slashes rates
New fee schedule takes effect on March 1, as the platform aims to double its market share this year
RBI and BIS gain access to China's interbank FX market
Second batch of official investors receive permission to trade FX spot and derivatives onshore; MAS and BoK are among them
Bank of China chooses smartTrade's LiquidityFX
The bank chooses the eFX platform to support growing trading volumes
Electronic FX options trading surges on Thomson Reuters
The electronification of FX options continues to gather pace
Renminbi slides to five-year low as FX reserves fall
China's reserves fell $108 billion in December as the People's Bank of China continues to intervene in the market
ANZ's Malin heads to FastMatch
The trading platform is working to provide Russian clients with an alternative to Micex
Sucden Financial creates multi-product execution team
Three members join from Jefferies Bache
Toland exits MarketFactory
Global sales vice-president Steve Toland will leave in February after a year in the role
Tougher cyber rules could hit third parties
With cyber threats on the increase, transferring the risk may not be the answer, especially if you are unsure of the strength of a third party's policies
Morphing threats keep financial services on alert
With proposed regulation looking to boost cybersecurity, financial firms change their hiring practices to deal with criminals
Currency spoofing probe could spell trouble for FX options
Enforcement action may hamper regulatory efforts and result in dark pool practices, an industry lawyer says
TradAir hires Blank as VP of marketing
Paul Blank's appointment comes ahead of a planned new products push
TradAir opens office in Singapore
The technology provider expands operations in Asia to serve its growing client base